Trump's Newest Tariffs Could Protect America From the National Security Risk of Brass Instruments
An idea that's wildly out of tune at a time when Americans are trumpeting their worries about affordability.
Free Markets
Trump Said Tariffs on Aluminum Would Boost Domestic Production. The White House Now Admits That Didn't Happen.
It's been more than eight years since Trump's first aluminum tariffs were imposed. How long do we have to wait before calling this a failure?
Meet The Spice Entrepreneur Challenging Trump's Newest Tariffs
"There is no domestic alternative" for peppercorns grown in Zanzibar or herbs from the south of France, says Ori Zohar, the former Shark Tank contestant taking the administration to court.
Why Capitalism Is the Most Moral Economic System
"Success comes from meeting the needs and wants of others," says businessman and publisher Steve Forbes.
Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too
A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban.
People Have Got To Try Being Normal About Caitlin Clark, Sophie Cunningham, and the WNBA
Plus: Congress struggling to regulate college sports, looking at the economics of World Cup hosts, and why are golf shows all the same?
Trump's New DOJ Nominee Wants To Ban Online Porn and Prosecute Big Tech
Adam Candeub has been nominated to head the Justice Department's Antitrust Division.
The "Free Market" is More Popular than "Capitalism"
Such anomalies are common when polling often-ignorant voters. But libertarians would do well to take note, anyway.
As the Strategic Petroleum Reserve Hits a 40-Year Low, It's Time To Scrap It
Presidents have repeatedly used the SPR to manipulate markets and shield consumers from the consequences of bad policies.
Ohio Cut Red Tape. Now Its Business Sector Is Thriving.
America's most business-friendly states are proof that permitting reform works. Still, they have a bad habit of handing out tax breaks to favored industries.
Trump Called the USMCA His 'Best Deal.' Now, He Wants Out of It.
The decision not to renew the USMCA is less dramatic than it might appear. Even so, Trump is exchanging stability for more uncertainty.
Trump's Fertilizer Tariff Retreat Is Another Admission That Tariffs Raise Prices
The White House quietly repealed tariffs on Moroccan fertilizer this week.
What To Expect From Colombia's New President
He ran a MAGA-style campaign in a nation beset by partisan violence. Will he make Colombia freer or more authoritarian?
Polymarket's Alleged Fake Trades Don't Justify a Crackdown on Prediction Markets
A Wall Street Journal investigation uncovered $1.9 million in fake bets to market the platform. Punishing the prediction market industry isn't the answer.
Americans Still Believe in the Founding—and Want Schools To Teach Capitalism
A new report found that 82 percent of Americans want the benefits of free markets taught in high school.
The Trump Administration Wants More Tariffs To Combat 'Structural Excess Capacity.' Here's What That Means.
When businesses in other countries produce more goods than their domestic markets can use, is that a conspiracy against America? Of course not.
Even an AI-Sparked Economic Miracle Will Not Save the Federal Budget
Congress cannot sit by and hope for AI to fix the deficit.
Why Are Republicans and Democrats Abandoning Economic Freedom?
"It's really important that people step back, look at economic history," says economist Donald Boudreaux. "They'll see that we prosper more the more economically free we are."
How To Win a Trade War? Lose Less Than Your Opponents.
The only winning move is not to play. But if you must, a new book offers some suggestions.
A North Carolina Goodyear Plant Is the Latest Victim of Trump's Misguided Tariffs and Costly Iran War
Another example of the flawed logic behind the Trump administration's tariff policies: You can't make a tire without rubber, and the U.S. doesn't produce rubber.
When Businesspeople Run Government, the Government Doesn't Become a Business
Central planning from Commerce Secretary Howard Lutnick, President Donald Trump, and others reflects a fundamental misunderstanding of what makes private markets work.
Are Democrats Now the Party of Free Markets? Don't Bet on It.
Even the abundance wing of the left wants "a much stronger government," in movement champion Ezra Klein's words.
The Zero-Sum Myth Driving Anti-Capitalism Politics
Yes, capitalism can cause some problems. It's also the only thing that works.
Why I'm Cheering for This New Anti-Porn, Anti-LGBT, Christian Phone Network
Free market solutions for the win!
Why the Bipartisan War on Housing Investors Won't Make Housing More Affordable
Politicians on the left and right are increasingly blaming large investors for raising home prices. Here's why they're wrong.
Venezuelan Victims of Socialism Are Using RuneScape To Make Money
Venezuelan players mine in-game resources and turn hours of gameplay into dollars or cryptocurrency.
Federal Court: Trump's Newest Tariffs Are Also Illegal
Trump's use of Section 122 ignored the plain language of the law and invoked a broad executive power where Congress clearly provided a narrow one.
What To Do About Saudi Arabia's Sports Takeover? Nothing, Apparently.
Plus: The NFL has no easy response to the Dianna Russini–Mike Vrabel affair, and how ketamine may have helped the Sixers upset the Celtics
The Happy Capitalism of Richard Scarry's Busytown
Welcome to the pro-market world of children's book author and illustrator Richard Scarry.
AI Companies Learn the Word No
Some of the people building AI have started acting like it might be dangerous.
Trump's Illegal Tariffs Are Finally Being Refunded. Will You Get Any of the Money?
The burden of Trump's illegal tariffs was spread across the American economy. The refunds likely won't cover all those costs.
No, FDR Did Not Pull America Out of the Great Depression
"The New Deal made investment in America a risky project," says economist Donald J. Boudreaux, author of The Triumph of Economic Freedom.
Democrats and Republicans Both Want To Regulate AI. They Just Can't Agree on How.
As lawmakers of both major parties hustle to regulate their preferred villains, they're losing sight of the big picture. The possible gains to humanity from AI are enormous.
Infographic: Who Really Pays for Tariffs? These Scholars Tracked a Bottle of Wine To Find Out.
Consider it a boozy, tariff-themed version of "I, Pencil."
The Data Center Water Panic Has a Better Answer: Water Markets
When water rights are secure and transferable, new demands can be met without harming existing users.
How Chile's Free Market Miracle Survived a Resurgent Left
Outgoing President Gabriel Boric predicted that Chile would go from being neoliberalism’s “cradle” to its “grave.” His movement got buried instead.
Louisiana Requires 500 Hours of Training To Braid Hair Professionally. This Bill Would Increase It.
Many states have deregulated hair braiding, but Louisiana lawmakers want to tighten regulations by demanding more coursework, including on the ancient origins of braiding.
Live Nation Settled Its Lawsuit With the Feds. Don't Expect Concert Tickets To Get Any Cheaper.
Fans are responsible for sky-high ticket resale prices, not primary ticket sellers.
250 Years Later, The Wealth of Nations Still Has Lessons To Offer the Political Class
Governments have yet to accept that free societies are also prosperous societies.
The Tax Loophole That Made U.S. Health Care Unaffordable
The employer insurance exclusion has chained workers to their employers, practically eliminated consumer price sensitivity, and suppressed wages.
After Paying Illegal Tariffs, Will Small Businesses Get a Refund? 'I'm Not Holding My Breath.'
Even if the refunds are made, business owners say they won't cover all the additional costs created by Trump's chaotic trade policies.
Europe's Labor Rules Are Holding It Back
As the U.S. loosens regulations for workers, the E.U. takes the opposite approach.
This Taxation Is Looking a Lot Like Theft
The Trump administration is trying to avoid paying refunds after illegally collecting $175 billion from its emergency tariff scheme.
Trump's Tariffs Are Not Going To Eliminate the Income Tax
And that's especially true if the tariffs are illegal.
3 Bogus Economic Stats in Trump's State of the Union
President Donald Trump tossed out a bunch of economic statistics during his State of the Union address. Here are three that are just plain wrong.
Trump's New Tariffs Are Probably Illegal Too
Attorneys for the Trump administration even admitted that Section 122 can't be applied to address trade deficits. Trump is now trying to do that anyway.
Trump Orders New 10 Percent 'Global Tariff' After Supreme Court's Rebuke
The new tariff will be implemented under a 1974 law that gives the president authority to impose tariffs for up to 150 days.
